109 Main AvePortales, NM 88130

Property Details for 109 Main Ave

Lot size

0.16 AC

Property size (Sq ft)

6,000 SF

Property type

Other commercial real estate

APN

100000000898500

APU

100000000898500

Description

This exceptional 6,000 square foot commercial building is situated at 109 S Main Avenue, in the heart of Portales, New Mexico. Boasting a prime location on the town square, this property benefits from high foot traffic due to its proximity to the courthouse and other local businesses, ensuring excellent visibility and accessibility to a strong local clientele. The building itself has undergone significant improvements, including updated electrical and plumbing systems, providing modern functionality and efficiency. The roof has been recently replaced with durable TPO roofing material, ensuring long-term protection and minimal maintenance. The interior offers ample space for a variety of commercial uses, with the potential for expansion as needed. The building is ADA compliant, featuring two conveniently located restrooms on the main level. Two additional rooms are available upstairs, ideal for storage, group meetings, or office space, along with a separate restroom. A full basement provides easy access to plumbing and offers additional storage capacity. While a restaurant currently occupies the space, it is not included in the sale, presenting a blank canvas for your business vision. The 0.16-acre lot provides ample space for outdoor activities or potential expansion. This is a rare opportunity to acquire a well-maintained, centrally located commercial building in a thriving community. Don't miss this chance to establish your business in a highly desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $1,018,883

  Hospitality

  $933,292

  Educational

  $776,488

  Medical

  $803,192

  Retail

  $1,207,870

Location Insight

City

Portales

County

Roosevelt

State

New Mexico

Latitude

34.1865

Longitude

-103.337

CBSA code

38780

CBSA name

PORTALES, NM MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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